Govt To Re-table Toll Plan At Legco: Sources
"); jQuery("#212 h3").html("

"); });
2019-02-28 HKT 11:39
Sources said on Thursday that the government will soon put a non-binding motion on a plan to adjust tolls at the three cross-harbour tunnels before the Legislative Council, having recently shelved the proposal because of opposition from lawmakers across the political spectrum.
The government had wanted to raise tolls for private cars at the Cross Harbour Tunnel and the Eastern Harbour Crossing to go up to HK$40, while lowering the fee at the Western Harbour Crossing to HK$50, in a bid to even out traffic between the tunnels and cut congestion.
Currently, cars are charged HK$20 at the Cross Harbour Tunnel, HK$25 at the Eastern Harbor Crossing, and HK$70 at the Western Harbor Crossing.
But lawmakers were unhappy at the proposed toll levels, which forced the government to shelve a Legco motion at the last minute about a month ago.
Back then, Transport Secretary Frank Chan said officials would continue to lobby lawmakers to shore up support.
However, it’s understood that the latest proposal will maintain the original suggested toll adjustments.
But sources say the government will try to improve the offer, by undertaking to use the extra income from the raised fees to improve road safety, and to conduct a comprehensive review on how to better manage traffic between the three tunnels after the franchise of the Western Harbour Crossing expires in 2023.
Sources also quoted Chan as saying the government is not "one-hundred percent" sure the motion will pass, but that he felt the government should nonetheless table it as soon as possible.
Chan is expected to make a formal announcement on Friday.
Lawmakers gave the news a lukewarm response.
The Democratic Party’s Lam Cheuk-ting said the proposed increases for the Cross Harbour Tunnel and the Eastern Harbour Crossing are too high, and if nothing changes, the party will oppose it.
Council Front legislator Au Nok-hin said the additional measures won’t win him over either, saying it’s the government’s obligation to improve road safety anyway.
The pro-government DAB party also said it finds it difficult to support the new proposal if the suggested fees stay the same.
______________________________
Last updated: 2019-02-28 HKT 15:01
OKI And Hitachi To Launch Joint Venture For ATM And Automated Equipment In October
OKI, Hitachi, and Hitachi Channel Solutions have announced that they have reached agreements to integrate their automat... Read more
The Race For Hong Kongs First Stablecoin Licenses Is Almost Over
I’ve been refreshing the Hong Kong Monetary Authority’s register of licensed stablecoin issuers frequently over the... Read more
HTF Securities And Alchemy Pay Expand Hong Kong Type 1 License For Virtual Assets
Alchemy Pay has announced that, in partnership with HTF Securities Limited, it has successfully expanded HTF Securities... Read more
Ping An Digital Bank Rebrands As Deposits Exceed HK$12 Billion
Ping An Digital Bank has introduced a new brand identity, aligning more closely with its parent, Ping An Insurance. The... Read more
Futus PantherTrade Launches Full-Scale Licensed Operations In Hong Kong
Futu has announced that its wholly-owned virtual asset trading platform, PantherTrade, has begun full-scale licensed op... Read more
Mastercard Enables AI Agent To Complete Live Ride-Booking Payment In South Korea
Mastercard has completed a live, authenticated agentic transaction in South Korea, marking a key development in AI-powe... Read more
